In March this year, the volume of investments made by the Russian Federation in US government bonds increased slightly compared to the previous month, reaching $77 million. TASS With reference to the published documents of the US Department of the Treasury.
The volume of Russian investments in US government bonds in February 2023 was $75 million, $629 million in December 2022, $2,034 billion in October; .
As of March this year, long-term bonds and short-term bonds amounted to $9 million in investments in the Russian Federation.
Since spring 2018, Russia has been drastically reducing the US government’s debt funding. Thus, the volume of Russian investments decreased from $96 billion to $48.7 billion in April 2018, and to $14.9 billion in May.
Currently, the largest holders of US government bonds are Japan – $1.09 trillion, China – $869.3 billion and the United Kingdom – $714 billion.
Former US Treasury Secretary Janet Yellen stated In a letter to congressional leaders that the default in the country could be declared on June 1, temporarily.